HEALTHCARE INFORMATION AND MANAGEMENT SYSTEMS SOCIETY FOUNDATION (EIN 364008359) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

ANNE TUZIK

Phone

3126644467

Tax Period

2021-01-01 to 2021-12-31

HEALTHCARE INFORMATION AND MANAGEMENT SYSTEMS SOCIETY FOUNDATION, founded in 1995, is a small nonprofit in the Education sector that reported $113K in total revenue in fiscal year 2021. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $336K exceeded revenue, resulting in a 197% operating deficit.

Mission

THE FOUNDATION PROVIDES EDUCATIONAL AND PROFESSIONAL OPPORTUNITIES TO PREPARE THE NEXT GENERATION OF HEALTH INFORMATION AND TECHNOLOGY LEADERS FOR THE DIGITAL HEALTH WORKFORCE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $46,892

Program Service Revenue $0

Investment Income $65,560

Other Revenue $583

TOTAL REVENUE $113,035

Expense Breakdown

Grants Paid $48,974

Salaries & Benefits $210,003

Fundraising Expenses $210,003

Program Expenses $72,605

Other Expenses $77,122

TOTAL EXPENSES $336,099

Year-over-Year Comparison

	2021	2020	Change
Revenue	$113,035	$89,762	+0.3%
Expenses	$336,099	$20,805	+15.2%
Net Income	$-223,064	$68,957	-4.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,704,405

Total Directors

$17,865

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER ROSS MBA SHIMSS	CHAIR	1.00	Director	$0	$0	$0
HENNING SCHNEIDER	VICE CHAIR	1.00	Director	$0	$0	$0
SUSAN HEICHERTRN MA FHIMSS	DIRECTOR	0.50	Director	$0	$0	$2,981
ROB MCCRAY	DIRECTOR (THRU 06/21)	0.50	Director	$0	$0	$8,084
RICHARD BAKER MD FACP	DIRECTOR (THRU 06/21)	0.50	Director	$0	$0	$0
MARK D SUGRUE MSN RN-BC FHI	DIRECTOR	0.50	Director	$0	$0	$800
PAIVI SILLANAUKEE	DIRECTOR (FROM 7/21)	0.50	Director	$0	$0	$0
SUMIT KUMAR NAGPAL FHIMSS	DIRECTOR	0.50	Director	$0	$0	$0
T K UDAIRAM	DIRECTOR	0.50	Director	$0	$0	$0
ELENA SINI	DIRECTOR	0.50	Director	$0	$0	$0
REBECCA MESSING HAIGLER	DIRECTOR	0.50	Director	$0	$0	$0
LARRY LEISURE	DIRECTOR	0.50	Director	$0	$0	$0
AMY COMPTON-PHILLIPS	DIRECTOR (FROM 01/21)	0.50	Director	$0	$0	$6,000
HAROLD WOLF III	CEO & PRESIDENT	1.00	Officer	$0	$213,670	$1,156,801
GAVIN FARRY	CFO (THRU 01/21)	1.00	Officer	$0	$5,279	$47,102
THOMAS LEARY	EXECUTIVE DIRECTOR	40.00	Officer	$0	$35,613	$217,645
NIKKI BROWN	VP, CNTRL; INTERIM CFO (FROM 1/22/21	1.00	Officer	$0	$27,852	$282,857

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2022	No data	No data	No data	No data
2021	$113,035	$336,099	$921,295	$-223,064
2020	$69,369	$139,501	$745,034	$-70,132
2020	$89,762	$20,805	$851,571	$68,957
2019	$76,404	$124,390	$728,058	$-47,986
2018	$120,085	$134,518	$910,380	$-14,433

HEALTHCARE INFORMATION AND MANAGEMENT SYSTEMS SOCIETY FOUNDATION